Budget and accountability

Every year, De Nederlandsche Bank (DNB) draws up a budget of planned expenditures which is underlain by three questions: what does DNB wish to achieve and how, and what does it cost. The budget shows how the public objectives envisaged, the activities needed to realise these objectives and the costs involved interact.

Accountability

Before the budget is approved by the Supervisory Board, the part that concerns supervision is submitted for advice to representatives of supervised institutions. The Supervisory Board is then asked to approve the budget, after which the part that concerns DNB’s activities as an independent public body is submitted to the Ministers of Finance and of Social Affairs and Employment for approval.